the document to the SEC

Microsoft has filed a document with the United States Securities and Exchange Commission (SEC), in which the item “valuation of the investment in Bitcoin” appears. 

Microsoft and the document to the SEC with the item “investment evaluation in Bitcoin”

In a document filed with the US SEC, Microsoft included a particular item for the crypto world: “evaluation of investment in Bitcoin”.

The technology giant seems to have included this item in the ballot, in view of the 2024 annual shareholders’ meeting to be held in early December.

This means that Microsoft is considering the idea of investing in Bitcoin (BTC), even if there are some notes about it. 

On one hand, this proposal was put forward by the National Center for Public Policy Research, a conservative think tank. On the other hand, in the document submitted to the SEC, Microsoft emphasized that the board of directors believes the proposal is “unnecessary,” as the company’s management “already carefully considers this topic.”

Not only that, the proposal is accompanied by the phrase “Il Consiglio di Amministrazione raccomanda di votare contro la proposta”.

Therefore, it is not yet clear what Microsoft’s true intention is, but there is certainly its consideration regarding the leader of the crypto. 

Microsoft and the document to the SEC that puts to vote the possibility of investing in Bitcoin

The technology giant seems to have positioned itself on matters concerning Bitcoin (BTC), despite there still being little clarity.

In fact, Microsoft has always clearly distanced itself from conveying the message that it might invest in BTC. 

Already three years ago, in 2021, the CEO of Microsoft, Brad Smith, had emphasized in an interview that he had no intention of investing in Bitcoin.

If with Bitcoin (BTC) the situation is unclear, on the other hand, Microsoft seems much more explicit when the technology in question is Artificial Intelligence (AI).

In this month of October, for example, Microsoft announced its investment of 4.3 billion euros in Italy, to strengthen digital infrastructures and the development of AI, with the support of Premier Giorgia Meloni.

Not only that, last month, also Microsoft but in collaboration with the world’s largest asset manager, BlackRock, announced their intention to launch a 30 billion dollar fund to finance AI infrastructure. 

MicroStrategy and the real Bitcoin purchases

If Microsoft is only considering the idea of investing in Bitcoin, but is a protagonist regarding AI, there is another company in the USA that has not wasted any time. 

This is MicroStrategy of the bitcoiner Michael Saylor who, over the years, has continued to purchase and accumulate bitcoin, becoming one of the largest institutional holders of BTC in the world. 

Just last month, MicroStrategy purchased an additional 18,300 BTC, worth 1.1 billion dollars. With that purchase, the company became a holder of 244,800 BTC.

Immediately after the purchase, the company also announced a new fundraising to buy more BTC. It is an offering of new senior convertible bonds maturing in 2028, for a total amount of 700 million dollars.